Advanced Foreclosure Course For City Leaders Offered Free by NLC University and Wells Fargo

Press Release
Press Release

WASHINGTON - The National League of Cities (NLC) and Wells Fargo today announced that a new course, Understanding Foreclosure: A City Leader's Guide, will be available for free for the general public. Initially launched last year at the Congress of Cities in Austin, Texas, the course provides city leaders with strategies to successfully address foreclosure in their cities. The course is offered by NLC University, NLC's collaborative education and professional development initiative founded in 2013.

"The National League of Cities is pleased to offer Understanding Foreclosure: A City Leader's Guide with Wells Fargo for the first time to the general public, free of charge," said Clarence E. Anthony, CEO and Executive Director of the National League of Cities. "The tools in this course provide proven strategies to help city leaders across the nation understand and navigate the intricacies of the foreclosure process. Ultimately, a better understanding of this issue will lead to better outcomes for our communities and their residents."

"At Wells Fargo we understand the important role we play in helping our communities succeed," said Wells Fargo's Mike Rizer, head of Community Relations. "This course, developed with the National League of Cities, provides information and strategies that will help to improve quality of life in our neighborhoods, and that we hope will ultimately promote long-term economic prosperity."

While foreclosures have decreased nationwide since their peak in 2010, there is a natural ebb and flow to the health of the housing market. City leaders need to be equipped with the best information and resources to take a proactive stance against foreclosure when the next mortgage crisis hits.

Understanding Foreclosure features three self-paced modules designed to help city leaders better understand foreclosure and its impacts. The course includes a series on mortgage basics, including who is responsible for taking care of vacant and abandoned properties. Outcomes include training on how to build strategies and partnerships in order to address foreclosure. Each module comes with its own specific learning objectives, and concludes with engagement activities and downloadable takeaways.

"This webinar is interactive and easy to follow," Kansas City, Mo., Mayor Sly James said. "A better understanding of mortgage processes can improve relations between lenders and residents, help stabilize neighborhoods and improve livability in our city."

To access the course, visit: http://www.nlc.org/build-skills-and-networks/education-and-training/event-calendar/understanding-foreclosure-the-city-leaders-guide

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About NLC:
The National League of Cities (NLC) is dedicated to helping city leaders build better communities. NLC is a resource and advocate for 19,000 cities, towns and villages, representing more than 218 million Americans. www.nlc.org

About Wells Fargo:
Wells Fargo & Company (NYSE: WFC) is a nationwide, diversified, community-based financial services company with $1.7 trillion in assets. Founded in 1852 and headquartered in San Francisco, Wells Fargo provides banking, insurance, investments, mortgage, and consumer and commercial finance services through more than 8,700 locations, 12,500 ATMs, and the internet (wellsfargo.com), and has offices in 36 countries to support customers who conduct business in the global economy. With approximately 265,000 team members, Wells Fargo serves one in three households in the United States. Wells Fargo & Company was ranked No. 29 on Fortune's 2014 rankings of America's largest corporations. In 2014, the Company invested $281.2 million in grants to 17,100 nonprofits, and team members contributed more than 1.74 million volunteer hours around the country. Wells Fargo's vision is to satisfy all our customers' financial needs and help them succeed financially. Wells Fargo perspectives are also available at blogs.wellsfargo.com and wellsfargo.com/stories.

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